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Welcome to Obamacare: Yet, Another Tax That Has Been Heaped on You Effective Jan. 1, 2013

Posted By admin On January 3, 2013 @ 6:01 am In Featured Stories,Money Watch,Tile | Comments Disabled

Economic Policy Journal [1]
Jan 3, 2012

Welcome to Obamacare: Yet, Another Tax That Has Been Heaped on You Effective Jan. 1, 2013 321265 10151193725967596 357772769 n [2]

For theĀ record [3]:

Section 4191 of the Internal Revenue Code now imposes an excise tax on the sale of certain medical devices.

The tax applies to sales of taxable medical devices after Dec. 31, 2012.

The tax is 2.3 percent of the sale price of the taxable medical device. See Chapter 5 of IRS Publication 510, Excise Taxes, and Notice 2012-77 for additional information on the determination of sale price

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URLs in this post:

[1] Economic Policy Journal: http://www.economicpolicyjournal.com/2013/01/welcome-to-obamacare-yet-another-tax.html

[2] Image: http://3.bp.blogspot.com/-jCwHf9Uqwug/UOSNFUy-ITI/AAAAAAAAGJ8/4Q3_F1jmykI/s1600/321265_10151193725967596_357772769_n.png

[3] record: http://www.irs.gov/uac/Medical-Device-Excise-Tax:-Frequently-Asked-Questions

[4] Top Five Worst Obamacare Taxes Coming in 2013: http://www.prisonplanet.com/top-five-worst-obamacare-taxes-coming-in-2013-read-more-httpatr-orgfive-worst-obamacare-taxes-coming-a7217ixzz27x5osjxx.html

[5] Obamacare costing you more for pet care at the vet: http://www.prisonplanet.com/obamacare-costing-you-more-for-pet-care-at-the-vet.html

[6] Obamacare excise tax showing up on receipts for sporting goods: http://www.prisonplanet.com/obamacare-excise-tax-showing-up-on-receipts-for-sporting-goods.html

[7] Are the Rich Paying Their Fair Share?: http://www.prisonplanet.com/are-the-rich-paying-their-fair-share.html

[8] Medical Excise Tax on Retail Receipts Show How We’re Screwed by Obamacare: http://www.prisonplanet.com/medical-excise-tax-on-retail-receipts-show-how-were-screwed-by-obamacare.html

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